Rising Crude Stocks May Blunt Oil Price Rise This Winter -EIA

The failure of oil prices to fall much despite an unusual build in crude oil inventories this month is bad news for consumers, pointing to the resilience of the oil markets, the federal Energy Information Administration said Wednesday.

But the fuller stocks could pay off this winter, by keeping prices from rising as high as they otherwise would, the EIA, the statistics arm of the U.S. Department of Energy, said in its weekly comment on oil markets.
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